Radio interviews for “The Greatest Swindle Ever Sold”
Sorry for the absence on here! I’ve just settled into a new job at Mother Jones magazine in San Francisco, and needless to say, it’s been a bit hectic here on my end. After my most recent piece on the bailout, “The Greatest Swindle Ever Sold,” came out, I’ve made a slew of radio appearances talking about the bailout, my story and other related topics.... Read More
Wash Indy: “Government Taps Bailout Contractors With Conflicts of Interest”
Continuing with the theme of corruption, obfuscation, crony capitalism and the like with our much maligned bailout, I highly recommend this Washington Independent article on the shady dealings of the private contractors behind the scenes of the more than $12 trillion bailout. Here’s an excerpt: As the Wall Street bailout nears its first anniversary, the controversy over giving... Read More
WSJ highlights potential for fraud, taxpayer scamming in PPIP
Photo via flickr user Downing Street The same day I wrote about the potential for gaming and fraud in the bailout’s Public-Private Investment Program in my TomDispatch piece “The Greatest Swindle Ever Sold” one of the largest business newspapers in the country highlighted the same problem. Here are the highlights from a story in today’s Wall Street Journal: Some... Read More
How about the stress tests for the banks on Main Street?
Yes, we’ve heard chapter and verse on the recent stress test announcements for those 19 major financial institutions — that 10 of those banks together need $75 billion in extra capital, that the rest were deemed prepared should the government’s worst-case scenarios become reality. There’s also been plenty of criticism aimed at the stress tests. Mother Jones‘s... Read More
